In January, Japan topped the list of investor countries to invest in India with 29.09 per cent of the total inbound equity FDI, followed by Singapore at 25.46 per cent and the US at 12.06 per cent
India attracted a total foreign direct investment (FDI) inflow of $72.12 billion during April-January (2020-21), the highest ever for the first ten months of a financial year, according to data released by department for promotion of industry and internal trade (DPIIT) showed.
The value is 15 per cent higher as compared to the first ten months of 2019-20 at $62.72 billion. Total FDI inflow also includes reinvested earnings. “The measures taken by the government on the fronts of FDI policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country,” an official statement said on Monday.
First Published: Apr 05 2021 | 8:23 PM IST